Oct. 20, 2009 (Business Wire) -- Shuffle Master, Inc. (NASDAQ Global Select Market: SHFL) (“Shuffle Master” or the “Company”) today announced that it is expecting to place on lease over 100 seats of its Table Master™ product in Broward County, Florida in the next 60 days.
South Florida pari-mutuels received state approval last week for electronic blackjack, Keno and roulette. As a result, the new ruling opens the door for installations of Table Master, a five-seat fully electronic table that features a video dealer on a flat plasma screen. Table Master offers fast-paced play that replicates a live table game and operates 24 hours a day, seven days a week. As of the Company’s fiscal third quarter, Shuffle Master has installed approximately 2,400 seats of Table Master in both live and electronic-only markets of which 65% are on lease.
About Shuffle Master, Inc.
Shuffle Master, Inc. is a gaming supply company specializing in providing its casino customers with improved profitability, productivity and security, as well as popular and cutting-edge gaming entertainment content, through value-add products in four distinct categories: Utility products which include automatic card shuffler, roulette chip sorters and intelligent table system modules, Proprietary Table Games which include live table game tournaments, Electronic Table Systems which include various e-Table game platforms and Electronic Gaming Machines which include traditional video slot machines for select markets. The Company is included in the S&P Smallcap 600 Index. Information about the Company and its products can be found on the Internet at www.shufflemaster.com.
Forward-Looking Statements
This release contains forward-looking statements that are based on management’s current beliefs and expectations about future events, as well as on assumptions made by and information available to management. The Company considers such statements to be made under the safe harbor created by the federal securities laws to which it is subject, and assumes no obligation to update or supplement such statements. Forward-looking statements reflect and are subject to risks and uncertainties that could cause actual results to differ materially from expectations.
